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Nov 7, 2012
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and perhaps reduces it a lot. >> what did we see in the california vote? americans are dying for higher taxes. >> it is the way america is headed. >> how does the affordable care act cut the deficit? i don't understand. >> it's very simple. there is absolutely no path to a sustainable budget deficit that doesn't reduce the growth of health care cost. no one who knows the fiscal accounts will disagree with that point. and the affordable care act is scored as doing just that. there are early signs. if it doesn't we have to go wac. >> believe that. >> you have got morning money to put together for tomorrow morning. what's your lead? does the inverse happen instead? >> no, i absolutely don't think that it happens instead. i think corporate america is well positioned to understand that this was going to happen. the one thing that we haven't talked about is the enthusiasm didn't materialize for a reason and that is because he was not a great candidate. mitt romney did not sell that to people. it did not work out. he was not the message bearer for that. >>> i jus
and perhaps reduces it a lot. >> what did we see in the california vote? americans are dying for higher taxes. >> it is the way america is headed. >> how does the affordable care act cut the deficit? i don't understand. >> it's very simple. there is absolutely no path to a sustainable budget deficit that doesn't reduce the growth of health care cost. no one who knows the fiscal accounts will disagree with that point. and the affordable care act is scored as doing just...
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Nov 7, 2012
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the first is california. we can tell you nbc news is projecting california to go to president obama. 55 electoral votes in california. this is obviously a huge one. no surprise that the president wins california. also, right now, we can tell you that hawaii is also going to obama. nbc news projecting the president to win hawaii as well, another four electoral votes. listen to the crowds, carl. >> yep. >> another winning -- another winner on a close call in idaho. idaho is going to governor romney. governor romney wins idaho with four electoral votes. nbc news projecting mitt romney the winner there. >> couple of big states out of the pacific northwest as we continue to hear the crowds at democracy plaza. the state of oregon, too early to call. although nbc news is saying that the president, barack obama, does lead in the state of oregon. and washington state. nbc news projects that barack obama will take the state of washington. there are some cheers in democracy plaza. we'll go back to there as the map fills
the first is california. we can tell you nbc news is projecting california to go to president obama. 55 electoral votes in california. this is obviously a huge one. no surprise that the president wins california. also, right now, we can tell you that hawaii is also going to obama. nbc news projecting the president to win hawaii as well, another four electoral votes. listen to the crowds, carl. >> yep. >> another winning -- another winner on a close call in idaho. idaho is going to...
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Nov 13, 2012
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you got your own epa in california. and you got your own cap and trade in california. and you got your own tax hikes in california. i guess everybody is going to move to texas. is that true? leave town and go to texas? >> we are certainly going to do everything we can to prevent that. we are hoping to work with the governor and he will do the same. >> you don't really believe that, do you? i mean, governor brown wanted the tax hikes. governor brown is one of the big greenies. he's -- exactly the kind of epa greenie diana first got roth as describing. >> well, you know, we have had a political earthquake here in california after last week. we now have a two-thirds supermajority in the assembly and senate. now for the business community in order for our economy to grow and create jobs in investment, it is really going to be in his decisi decision make what will happen with the legislature to do that. >> you are not too optimistic. democratic legislature and democratic state which is already very liberal, left, right? how -- i don't see a way out for you, sir? >> larry, t
you got your own epa in california. and you got your own cap and trade in california. and you got your own tax hikes in california. i guess everybody is going to move to texas. is that true? leave town and go to texas? >> we are certainly going to do everything we can to prevent that. we are hoping to work with the governor and he will do the same. >> you don't really believe that, do you? i mean, governor brown wanted the tax hikes. governor brown is one of the big greenies. he's...
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Nov 28, 2012
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now let's talk about california with crashing production and a 13% top state income tax rate. no kidding. no surprise. companies are fleeing the state. but where will they end up? we are about to show you. those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. if you have any sudden
now let's talk about california with crashing production and a 13% top state income tax rate. no kidding. no surprise. companies are fleeing the state. but where will they end up? we are about to show you. those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the...
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Nov 8, 2012
11/12
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california, another package of tax increases on the wealthy. it's past the voters in california, and it's going to drive more business away from a state that desperately needs help. all that's up next. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> california voters are choosing to raise taxes on high-income taxpayers and increase the sales tax in order to fund education and state programs. so they say. last night voters passed proposition 30 with about a 54% majority. the question, is this tax hike going to destroy the california economy? let's bring in willie brown, former mayor of san francisco. mayor brown, thank you for
california, another package of tax increases on the wealthy. it's past the voters in california, and it's going to drive more business away from a state that desperately needs help. all that's up next. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at...
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Nov 27, 2012
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states that i call death spiral states. >> california. >> california. >> california is at the top of the list. >> where else? >> i love this. >> illinois, new york, some smaller states like new mexico. this is what's going on in the states. there are 11 of them on our list of death spirals where you see the number of people dependant on government and the number of people contributing to it and that cross over point is very dangerous. >> regarding stocks, in other words, do you stay away from corporations, domiciled in the death spiral states, does it matter nowadays in the global economy? no, everybody global indicator is important. >> it's very easy to take your comments but to get too carried away on the municipal bonds. you immediate to be conservative on the bonds. >> what happens if they cap the tax-free bond deduction and put a cap on it? >> it could happen. >> seriously. >> could go from a 35% exception to a 28% exemption. you would get a knee neck selloff in the market, but i think that people still want something, and the yields in some of these bonds are still attractive r
states that i call death spiral states. >> california. >> california. >> california is at the top of the list. >> where else? >> i love this. >> illinois, new york, some smaller states like new mexico. this is what's going on in the states. there are 11 of them on our list of death spirals where you see the number of people dependant on government and the number of people contributing to it and that cross over point is very dangerous. >> regarding...
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Nov 5, 2012
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let's go to bob in california. bob? >> caller: boo-yah, jim cramer! >> nice stuttering boo-yah, bob. >> caller: i'm from the home of the world series giants, 2012 giants. >> i'm jealous. >> caller: i have a question about intel. >> i was stunned -- stunned was not even the word. super stunned when apple -- when bloomberg reported that apple is going to drop intel for its mac chips. that's amazing. intel isn't going to get in the cell phone either. i say don't buy, don't buy. rick in georgia. rick. >> caller: jimbo. align technologies. >> the other day i said i missed that, it's probably not too late. it was too late. and i'm going to say don't buy, don't buy. steve in michigan. >> caller: boo-yah, mr. cramer. mgm, what do you think? >> no, man. i got enough trouble with nguyen. i don't need to go down the food chain. let's go to prakash in illinois. >> caller: boo-yah, mr. cramer! aui, your favorite company. >> it is. it's a great gold growth stock and it has done far better. remember, you got to be careful. the price of gold coming down a lot. i'm go
let's go to bob in california. bob? >> caller: boo-yah, jim cramer! >> nice stuttering boo-yah, bob. >> caller: i'm from the home of the world series giants, 2012 giants. >> i'm jealous. >> caller: i have a question about intel. >> i was stunned -- stunned was not even the word. super stunned when apple -- when bloomberg reported that apple is going to drop intel for its mac chips. that's amazing. intel isn't going to get in the cell phone either. i say don't...
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Nov 27, 2012
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california or new jersey? >> in terms of what? >> all of this is a fine line in terms of taxation around the world. we have seen it drive rich people to places like luxenburg. >> it's not going to change. we become more and more like europe each and every day. >> well, if larry moved to lexmburg california is going to hurt. >>> lindsay lohan shares because she has bottomed. after the reviews from "liz&dick" there is only upside left. facebook shares may have bottomed, as well. >> you're not a believer in lindsay lohan's bottom? >> i want to be an optimist. >> and you picked lindsay lohan to do it? >> way to go, jane. see you tomorrow. >>> coming up next the traders are making the call on whether you should hold or fold. two big high flyers. stick around to get the trade. [ male announcer ] the markets keep moving. make sure the news keeps coming with thinkorswim by td ameritrade. use the news links breaking stories with possible breakout stocks, options with potential opportunity, futures and forex with in-depth analysis. it's an
california or new jersey? >> in terms of what? >> all of this is a fine line in terms of taxation around the world. we have seen it drive rich people to places like luxenburg. >> it's not going to change. we become more and more like europe each and every day. >> well, if larry moved to lexmburg california is going to hurt. >>> lindsay lohan shares because she has bottomed. after the reviews from "liz&dick" there is only upside left. facebook...
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Nov 6, 2012
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one in texas city and the other in carson, california. historically, i haven't been a big fan of the refiner business. lately the dynamics of the industry have changed dramatically for the better. we've got an oil boom going on in this country and that's been great for the refiners because they make their money off the difference between the domestic west texas price that they pay for oil, sometimes even underneath that, and the higher global brent crude price they use to charge for refined products. that's the benchmark they price off of. right now the spread is higher than it's been in ages. great for refiners. which refiners have benefitted from bp's desperate need to raise cash? first there's marathon pete, marathon petroleum. symbol mpc. mom, peter, charlie. agreed to buy bp texas city for $2.5 billion back in october. this deal should have tremendous synergies because marathon pete already operates in this area. bp had spent $5 billion refurbishing this refinery just seven years ago. now marathon can buy it for half of that cost? wo
one in texas city and the other in carson, california. historically, i haven't been a big fan of the refiner business. lately the dynamics of the industry have changed dramatically for the better. we've got an oil boom going on in this country and that's been great for the refiners because they make their money off the difference between the domestic west texas price that they pay for oil, sometimes even underneath that, and the higher global brent crude price they use to charge for refined...
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Nov 6, 2012
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unemployment relative to the rest of the country, new york, new jersey, come here to this side here, california, going up even as other parts of the west goes somewhat higher than the rest of the nation, those are considered solidly blue. look here the middle of the country from oklahoma all the way to north dakota. virginia, low unemployment rate, 3 to 5%, that puts it in play the next thing is the change in unemployment, again, not much change here, what are considered mostly democratic states. only here when you look at north carolina and florida, those states are considered to be in play and ohio as well, of course, when you have a positive change and potentially those are swing states. tyler? >> bottom line here, we are a little short on time, the unemployed are no more fundamentally likely to favor one candidate than another? >> that's exactly right. >> very close. >> thought would be a huge swing one way or the other. >> people blame obama or say well, romney might be a little tougher on -- >> whichever way this goes, tyler, i think there's going to be a lot of monday morning quarterback
unemployment relative to the rest of the country, new york, new jersey, come here to this side here, california, going up even as other parts of the west goes somewhat higher than the rest of the nation, those are considered solidly blue. look here the middle of the country from oklahoma all the way to north dakota. virginia, low unemployment rate, 3 to 5%, that puts it in play the next thing is the change in unemployment, again, not much change here, what are considered mostly democratic...
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Nov 6, 2012
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. >> in california alone a handful of donors have spenlt more than $350 million on stat ballot initiative. much of the money comes from a single family, the monger's. daughter molly monger has spend more than $40 million. her more conservative brother has spent $36 million on a measure to make it harder for unions to raise political money. the hedgefund chief spent more than $25 million to close a tax loop hole for out of state companies. many say they are just using their money for broader public good. at least one ballot backer has his own fortunes in mind. he spent more than $30 million to oppose a new bridge. turns out he has his own toll bridge that collects tens of millions of dollars a year. we will see whether all of this ballot money was a waste or not. we will know tonight or tomorrow morning. >> these numbers are mind boggling. thank you so much. for investors how are they positioning themselves for an obama or romney victory? we will break it down now. guys, thanks for joining us. jeff, what will you do tomorrow if mitt romney wins? >> like many of us i'm watching the election
. >> in california alone a handful of donors have spenlt more than $350 million on stat ballot initiative. much of the money comes from a single family, the monger's. daughter molly monger has spend more than $40 million. her more conservative brother has spent $36 million on a measure to make it harder for unions to raise political money. the hedgefund chief spent more than $25 million to close a tax loop hole for out of state companies. many say they are just using their money for...
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Nov 2, 2012
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help on the way from the west coast, from california. dozens of power trucks loaded on to giant air force cargo planes to help with power restoration. those things amazingly flying across the country all the way from california. the situation remains desperate in many neighborhoods in the tri-state area. these are pictures from this morning on staten island. there is virtually no power on the island. destruction is widespread. the secretary of homeland security janet napolitano will visit today. staten island is where the new york marathon will start on sunday. more subway service returning to manhattan, but not below 42nd street where power is still out in wide parts of the city south of that parallel. city officials say they may have to evacuate the marine life from the massive new york city aquarium based in brooklyn. the death toll from the storm nearing the 100 mark. despite the damage in atlantic city, that town's famous casinos are open again and they are conflicting reports about when power will be restored in manhattan. hundreds
help on the way from the west coast, from california. dozens of power trucks loaded on to giant air force cargo planes to help with power restoration. those things amazingly flying across the country all the way from california. the situation remains desperate in many neighborhoods in the tri-state area. these are pictures from this morning on staten island. there is virtually no power on the island. destruction is widespread. the secretary of homeland security janet napolitano will visit...
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Nov 1, 2012
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the street right now. 15,000 trucks which have come from all over the country as far as canada and california. i think we ought to really compliment the utilities for the job they're doing. >> believe me, i'm not criticizing the men, the workers, the women. i'm not criticizing that. i'm not even criticizing you. i'm criticizing this crazy system. michelle and i talked about this last evening. get these bottlenecks, you get the national emergencies, and in comes the infrastructure problem and you ask yourself doctor. and today a lot of angry new yorkers are asking themselves why.doctor. and today a lot of angry new yorkers are asking themselves why. >> the second night in a row where you for example say we should compliment the utility industry. our issue isn't with the industry. it's with the politicians who don't allow prices to go to places that would improve infrastructure and when everything fails, they blame the utilities. so it becomes a pumping bag when in fact you're probably not necessarily the problem. >> it's not a small price tag. you're talking about between $500 billion to $600
the street right now. 15,000 trucks which have come from all over the country as far as canada and california. i think we ought to really compliment the utilities for the job they're doing. >> believe me, i'm not criticizing the men, the workers, the women. i'm not criticizing that. i'm not even criticizing you. i'm criticizing this crazy system. michelle and i talked about this last evening. get these bottlenecks, you get the national emergencies, and in comes the infrastructure problem...
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Nov 7, 2012
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as republicans, we look at the state of california. why do we have to leave 55 electoral votes up for grabs, or actually give up 55 electoral votes and not contest them at all. same thing with new york. that's a ton of electoral votes that wer n're not contesting ri now. what we needed to do as a party is concentrate on the economic and national security issues and move away from the social issues. >> penny, what we haven't done in this election is really square out what kind of america the population wants. in terms of -- at the moment, we're going for big government and small taxation and that doesn't work. how are we going to square it? >> exactly. and that's where the balance needs to be. and i agree with boris this is where the president really is going to have to step forward and really put down the agenda. what it looks like, and really be the person that starts to negotiate in a much more up front or much more out-front area as far as on the fiscal path. you know, the senate that was just elected is probably more diverse. you a
as republicans, we look at the state of california. why do we have to leave 55 electoral votes up for grabs, or actually give up 55 electoral votes and not contest them at all. same thing with new york. that's a ton of electoral votes that wer n're not contesting ri now. what we needed to do as a party is concentrate on the economic and national security issues and move away from the social issues. >> penny, what we haven't done in this election is really square out what kind of america...
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Nov 5, 2012
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for some parts of the market, here in southern california, the markets are even tighter than that. you add it up and it's pretty clear, things are going to start moving forward, or better said, they're going to continue to move forward from the gains we've seen over the course of the last six months or so. >> so, david, how would you -- how would you describe the market, then? has it become now the issue of getting a mortgage that seems to be one of the sticking points, or is it still a lot of supply on the market? because even though a lot of people feel we've seen the worse, we're just bumping along the bottom with housing. what is it going to take to get this needle moving? >> it's both. supply and mortgage products. we've had some of the most prestriktive products we've had in years. it's relative. it's really returning back to where it was as far as mortgage products were concerned. we're turning back to the products we used to have when we had a healthy economy but we don't have products that really fuel the excess growth. a lot of people feel we need that, given the inventor
for some parts of the market, here in southern california, the markets are even tighter than that. you add it up and it's pretty clear, things are going to start moving forward, or better said, they're going to continue to move forward from the gains we've seen over the course of the last six months or so. >> so, david, how would you -- how would you describe the market, then? has it become now the issue of getting a mortgage that seems to be one of the sticking points, or is it still a...
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Nov 9, 2012
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reagan welcomed -- as a former governor of california, he welcomed the various immigrant groups coming in. >> always. >> jimmy, you're going to have a test now with this fiscal cliff business. will the republican leadership stay true to their economic principles, namely limited government, lower spending, low tax rate reform, et cetera, et cetera? or are they going to sound like democrats? in other words, everybody wants a deal, jimmy, but a bad deal be a bad idea. >> we have an economy which is not particularly strong. the last thing it needs is a bunch of tax hikes. i was heartened that speaker boehner said he was against raising marginal tax rate. there's other ways you can get revenue, whether through growth, getting rid of crony capitalist tax deductions. i think that's a great place to draw a line in the sand. >> we can't cave on -- >> jennifer ruben, you're not so much the economist. how do we right now, how does the gop get off to a better start on attracting a more inclusive party? what ed rodgers called a big tent. i rather like that notion of a big tent. not all conservative
reagan welcomed -- as a former governor of california, he welcomed the various immigrant groups coming in. >> always. >> jimmy, you're going to have a test now with this fiscal cliff business. will the republican leadership stay true to their economic principles, namely limited government, lower spending, low tax rate reform, et cetera, et cetera? or are they going to sound like democrats? in other words, everybody wants a deal, jimmy, but a bad deal be a bad idea. >> we have...
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Nov 19, 2012
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>>> and later, the california entrepreneur behind twitter. how jack dorsey has changed the way we communicate. now he's looking at how you use money as we take a break, take a look at how the stock market ended the week. back in a moment. [ male announcer ] this is bob, a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well
>>> and later, the california entrepreneur behind twitter. how jack dorsey has changed the way we communicate. now he's looking at how you use money as we take a break, take a look at how the stock market ended the week. back in a moment. [ male announcer ] this is bob, a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [...
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Nov 21, 2012
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certainly here in california we've had job growth. so i think in our world in southern california we're going to be in pretty good shape. but uncertainty is never good. i don't think there should be an option. >> mr. caruso, yesterday craig barrett, former ceo of intel, described california where you live and do a lot of business as america's version of greece because of the level of public expenditure and so forth. do you see it that way? >> no, i don't see it that way. listen, california has its issues. locally we have our issues. there are income issues, there are increased taxes that i wouldn't necessarily want to have happen in the state, which did happen. but we have to address those. i think we've got positive momentum. i know we have positive momentum. so are we perfect? no. but california is growing at a much faster pace and a better pace than most of the united states. so i don't equate it to greece at all. >> mr. caruso, thank you for being with us and a happy thanksgiving to you. >> thanks you. >>> he's a billionaire, righ
certainly here in california we've had job growth. so i think in our world in southern california we're going to be in pretty good shape. but uncertainty is never good. i don't think there should be an option. >> mr. caruso, yesterday craig barrett, former ceo of intel, described california where you live and do a lot of business as america's version of greece because of the level of public expenditure and so forth. do you see it that way? >> no, i don't see it that way. listen,...
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Nov 8, 2012
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notably california adventure here at disney land in california. we feel good about what we're seeing. there's demand for that product. it's showing up in our pricing and showing up in our advanced bookings. >> how are the advanced bookings looking for the holiday season? >> advanced bookings for the holiday season are looking good. there's a quirk in the calendar. christmas falls on a tuesday. so some of our peak season will also fall into our next quarter because of how the quarter breaks. our bookings for the christmas period overall, which include some spillover into the next quarter, we feel very good about. that's certainly true in california. it's true in florida. it's true in paris. >> bob, the last time we talked, you seemed passionate about the need to fix our debt as a country. i wonder what your take is on president obama winning re-election. does that change anything for the company, for the industry? in terms of this fiscal cliff, everybody is expecting taxes to go higher. we're not sure how high on dividends and capital gains. will t
notably california adventure here at disney land in california. we feel good about what we're seeing. there's demand for that product. it's showing up in our pricing and showing up in our advanced bookings. >> how are the advanced bookings looking for the holiday season? >> advanced bookings for the holiday season are looking good. there's a quirk in the calendar. christmas falls on a tuesday. so some of our peak season will also fall into our next quarter because of how the quarter...
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Nov 7, 2012
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close facilities in california and consolidate several business units in order to cut costs. >> allrightee. thank you so much, bertha. >>> final trades next all on the halftime report. in america today we're running out of a vital resource we need to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ at devry.edu/knowhow. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million america
close facilities in california and consolidate several business units in order to cut costs. >> allrightee. thank you so much, bertha. >>> final trades next all on the halftime report. in america today we're running out of a vital resource we need to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up...
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Nov 20, 2012
11/12
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california state teachers employees. all these pension funds. >> shame on them for hanging on this long. >> this just happens. >> i understand. the stock is at a ten-year low right now. bob, thank you. good sport. appreciate your thoughts on this today. herb, see you later. i don't know. >> i got all fired up there, bill. >> why are we rushing to blame somebody? we have to figure out what happened. >> okay. 20 minutes before the closing bell sounds. we have a market down, but off of the lows. down 25 points on the industrial average. >> still more on the hewlett-packard debacle to come. can the company be saved? that's another question to be asked. is a breakup better for shareholde shareholders? >> first, find out why our next guest says you should be buying into this market regardless of whether we get a deal on the fiscal cliff. that bullish call next up. stay with us. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testo
california state teachers employees. all these pension funds. >> shame on them for hanging on this long. >> this just happens. >> i understand. the stock is at a ten-year low right now. bob, thank you. good sport. appreciate your thoughts on this today. herb, see you later. i don't know. >> i got all fired up there, bill. >> why are we rushing to blame somebody? we have to figure out what happened. >> okay. 20 minutes before the closing bell sounds. we have a...
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Nov 5, 2012
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even in california, which had record high gas prices just back in october. now they're looking at more than a 60-cent drop in the price of gasoline. that's certainly helping the overall national average. then of course, we're looking at demand destruction after hurricane san day. that's impacting as well. across the country, whether it is oklahoma or south carolina, missouri, all seeing very sharply lower prices. that's definitely translated into what we're seeing for the national average. we're also seeing futures prices down sharply just in the past month. important to keep your eye on all the different factors that go into the energy price. brent crude is up actually $2 today. middle east tensions out there. that could certainly change the price reaction. back to you. >> sharon, thank you very much. >>> looks like toy is a is back. profit rose nearly 600% from last year. sales jumped by 572,000 cars. just right here in the united states of america. phil lebeau joins us now. phil, were the numbers as good as they seemed on paper? >> absolutely. really the
even in california, which had record high gas prices just back in october. now they're looking at more than a 60-cent drop in the price of gasoline. that's certainly helping the overall national average. then of course, we're looking at demand destruction after hurricane san day. that's impacting as well. across the country, whether it is oklahoma or south carolina, missouri, all seeing very sharply lower prices. that's definitely translated into what we're seeing for the national average....
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Nov 1, 2012
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california's been hijacked by academics environmentalists, all the refining cooperations in california have led to major declines for a lot of companies who said theyill doing very well. somebody said something about cap and trade, california must start to feel a little too much like europe. >> great, great, we are finding common ground. >> he had the ceo of eatono. preparing those transmission lines. >> the combination of cooper and eaton is really designed to make it so the transmission system worldwide is upgraded so that when you have 6 million to 8 million people without power, they can call him. >> tomorrow on "squawk box," one final employment report before the presidential election, one last read on job before america votes for its nec leader. we'll bring you the numbers and analysis from our annal of experts. it all starts tomorrow at 6:00 p.m. eastern. on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is on
california's been hijacked by academics environmentalists, all the refining cooperations in california have led to major declines for a lot of companies who said theyill doing very well. somebody said something about cap and trade, california must start to feel a little too much like europe. >> great, great, we are finding common ground. >> he had the ceo of eatono. preparing those transmission lines. >> the combination of cooper and eaton is really designed to make it so the...
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Nov 22, 2012
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and by the way, did you see what california has done? do you know what after tax rate of return on assets held in california is happened? it just plummeted. that's a very large share of the u.s. economy. we're noncompetitive in the world and we will have a real serious recession in 2013 unless something is really done quickly. >> jared, i just want to ask you a question. >> sure. >> you hinted -- this is really important. where we are going tonight is more politics than economics. >> okay. >> you kind of hinted that we might cross through the year, that we might fall off the cliff. if only for a short period of time. now as someone who worked in there years ago as arthur did, short period of time, you will take the better part of the winterer to make a deal. so we are going to go into recession. the question is, do you think the president can take that and do you think he can really blame republicans? is it that easy, or is all hell going to break loose in the country? >> i think it will be absolutely terrible if we go over and stay over
and by the way, did you see what california has done? do you know what after tax rate of return on assets held in california is happened? it just plummeted. that's a very large share of the u.s. economy. we're noncompetitive in the world and we will have a real serious recession in 2013 unless something is really done quickly. >> jared, i just want to ask you a question. >> sure. >> you hinted -- this is really important. where we are going tonight is more politics than...
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Nov 6, 2012
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and at 11:00, the rest of the west coast states will finish out including california. alaska will round everything out at 1:00 a.m. you can see that handy little chart there. here's another chart that gives you a sense of the official nbc projections tonight. 270 electoral college votes are needed to win and, yes, it is not the popular vote that matters. it is the lector are ral college vote that matters. 237, this is what nbc is proceed correcting currently for bal. you can see on the map the states blue are those expected to give all of their votes to him. romney we're projecting 206 votes. in yellow, these are the key swing states. nbc sees eight of them for the time being and the most important one probably to watch is, yes, ohio. right here. not far from virginia which is probe the second most important. maybe colorado over here, the third. but in ohio, it really comes down to the interior of the country where many of these counties have gone boy way or the other. no republican presidential candidate has won without ohio, but it's not just tradition that matters,
and at 11:00, the rest of the west coast states will finish out including california. alaska will round everything out at 1:00 a.m. you can see that handy little chart there. here's another chart that gives you a sense of the official nbc projections tonight. 270 electoral college votes are needed to win and, yes, it is not the popular vote that matters. it is the lector are ral college vote that matters. 237, this is what nbc is proceed correcting currently for bal. you can see on the map the...
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Nov 28, 2012
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cynthia stanford won the california lottery on mother's day in 2007. she was also featured in the tlv show "the lottery changed my life." good morning. how do you feel when you see figures ramp up and you know there's another big lottery winner in the offing? do you remember what it was like for you? >> i definitely do. i remember it like yesterday. it is an exhilarating feeling. definitely. >> of course people want to know what your advice would be to whoever may win tonight. what is the primary thing you would say to them? >> primary thing i would say is to definitely breathe and take your time making financial decisions. don't rush into anything. just take your time to experience what's happening because your life is definitely going to change. >> what about the celebrity? obviously the organizers of the lottery love to photograph everybody there with big checks. how addictive does that sudden celebrity become? you actually set yourself up as a torture host. you used the money to have your own show. >> well, i have a production company. i'm looking
cynthia stanford won the california lottery on mother's day in 2007. she was also featured in the tlv show "the lottery changed my life." good morning. how do you feel when you see figures ramp up and you know there's another big lottery winner in the offing? do you remember what it was like for you? >> i definitely do. i remember it like yesterday. it is an exhilarating feeling. definitely. >> of course people want to know what your advice would be to whoever may win...
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Nov 30, 2012
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in las vegas, parts of california, and even in florida. another concern is that prices overall are rising faster than income growth and that does not bode well for non-investors either. this phenomenon is playing out largely in those formerly very hot markets that crash the hardest. there are still some great deals for investors in places like chicago, atlanta, even right here in d.c. before you take me off, i got one thing. someone wrote in to the blog today really right down the line of what we're saying. he says people are buying homes out here in new orleans stupid fast. but the problem is they're investors and they're renting them all out. >> very good point. diana, thanks. good to see you. ty, down to you. >>> the german parliament approved a new bailout package for greece. meanwhile, unemployment hits a record high in the eurozone but european central bank chief mario draghi expects the economy to recover in that area in the latter half of next year. so what's ahead for debt stricken greece and the eurozone members? joining me here
in las vegas, parts of california, and even in florida. another concern is that prices overall are rising faster than income growth and that does not bode well for non-investors either. this phenomenon is playing out largely in those formerly very hot markets that crash the hardest. there are still some great deals for investors in places like chicago, atlanta, even right here in d.c. before you take me off, i got one thing. someone wrote in to the blog today really right down the line of what...
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Nov 28, 2012
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you came up humble beginnings, northeast california. rubbermade used to be in california. now they're here. if you were the ceo of a new york or chicago company today, would you like to move to a place like atlanta? >> i would because i think it's very important -- it's always been important to be happy. critically today associates are making a lot of decisions about where they want to spend their time, raise their families. this is a great place to raise your family. it's an area that supports businesses and understands businesses and has a long history of good collaboration between business and -- >> that's good for here, but isn't that bad for new york and chicago and those places, which appear to be, for a lot of different reasons, just increasingly noncompetitive? >> i don't know they're not competitive. i come from new york. i have a bias towards new york. chicago is a great city. san francisco. a lot of the great northern cities and west coast cities have their traditions and history as well. atlanta has been a unique place as the hub of the southeast. i think it's
you came up humble beginnings, northeast california. rubbermade used to be in california. now they're here. if you were the ceo of a new york or chicago company today, would you like to move to a place like atlanta? >> i would because i think it's very important -- it's always been important to be happy. critically today associates are making a lot of decisions about where they want to spend their time, raise their families. this is a great place to raise your family. it's an area that...
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Nov 8, 2012
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let's go to lee in california. lee. >> caller: mr. cramer, with the election over, we definitely have to invest in our infrastructure. how will chicago bridge and iron cbi benefit from this, and is it a good player or should by look elsewhere? >> i had my world rocked by the floor quarter, flr. it was so hideous and horrible, i've got to stay away from the business. foster wheeler could be hurt because the clean thing is not going to get the money. i say stay away from infrastructure. >> caller: cramer, i have a question about magnum hunter resources. i purchased about 15,000 shares at 30 cents a share. that's where it's lowest was. my question is, should i hang on to it, buy more, or sell it? >> i'm not a tax accountant, i can't tell you what to do in terms of personal. but i will tell you if i had a stock that bought at 30 cents and went to $3, that's what i call a no brainer. you got hit hard today. what works now? mlps, package consumer goods? how about some johnny walker black. don't move. lightning round is coming up next. ♪ [
let's go to lee in california. lee. >> caller: mr. cramer, with the election over, we definitely have to invest in our infrastructure. how will chicago bridge and iron cbi benefit from this, and is it a good player or should by look elsewhere? >> i had my world rocked by the floor quarter, flr. it was so hideous and horrible, i've got to stay away from the business. foster wheeler could be hurt because the clean thing is not going to get the money. i say stay away from...
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Nov 14, 2012
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. >> i'm at the strategic growth conference in palm springs, california. a gathering of a couple thousand ceos and business leaders talking about challenges with the global economy and one of the topics of conversation is likely to be news we are just now getting out of washington. the obama administration signaling that it is expanding the multi-year crackdown on bribes paid by u.s. companies to foreign officials under the foreign corrupt practices act and the administration out with new guidelines, 120 pages. the act that's been in place since the carter administration is too vague and putting u.s. companies at a competitive disadvantage. so now the department of justice and the securities exchange commission out with 120 pages of guidelines talking about what is a bribe, who is a foreign official. we've put all of these guidelines on our website. cnbc.com. you can read more about it. this is again something that business leaders have been clamoring for but they want changes in the law. we'll see if the guidelines are enough to ease their concerns. back
. >> i'm at the strategic growth conference in palm springs, california. a gathering of a couple thousand ceos and business leaders talking about challenges with the global economy and one of the topics of conversation is likely to be news we are just now getting out of washington. the obama administration signaling that it is expanding the multi-year crackdown on bribes paid by u.s. companies to foreign officials under the foreign corrupt practices act and the administration out with new...
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Nov 28, 2012
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jane wells is in los angeles focusing on house minority leader nancy pelosi's home state of california. >> reporter: hi, sue. nancy pelosi is a crucial part of the discussion to avoid the fiscal cliff, representing one of the most liberal and successful cities in america. what do folks back home in san francisco expect her to do to avoid what some say will be an economic catastrophe. for nearly 20 years, kurt has been serving up breakfast at dottie's true blue diner. running a small business, especially a restaurant, is not for the weak. so he wonders why washington can't get its act together. >> if i ran my business the way the government is run, i wouldn't be in business. he's a constituent of one of the most powerful people in washington, nancy pelosi. here's a news flash. not everybody in america believes economic armageddon is at hand. not even former mayor gavin newsom, california's lieutenant governor. >> i don't know why i'm not losing sleep over it. i think there are good people on both sides of the aisle that they're mature enough to get something done. >> kurt agrees when i
jane wells is in los angeles focusing on house minority leader nancy pelosi's home state of california. >> reporter: hi, sue. nancy pelosi is a crucial part of the discussion to avoid the fiscal cliff, representing one of the most liberal and successful cities in america. what do folks back home in san francisco expect her to do to avoid what some say will be an economic catastrophe. for nearly 20 years, kurt has been serving up breakfast at dottie's true blue diner. running a small...
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Nov 9, 2012
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i'm maria bartiromo coming to you from northern california. stocks closing out what has been a dismal week for the bulls. we're finishing a choppy session on the week with a fractional move. really unchanged. the dow jones industrial average finishing up two-thirds of a point. the s&p 500 tonight picking up 2.25%. let's get to the market right now with a look at the day. michael santoli and rick santelli joining us. rick, tell me what the act was like today in chicago as the market for equities was all over the map. >> it was, but all the traders normally behind me are gone. futures closed an hour ago. on the left screen they had a one-minute chart of the s&p futures. on the other screen, a one-minute chart of the ten-year. it was all about the stock market today. just consider this, right before we knew the president was re-elected, the yield on a ten-year note was 175. here we sit at 161. unchanged from yesterday. still it down ten basis points from its last friday close at 171. pretty pitmuch most of the lowe yooel yields are based on uneas
i'm maria bartiromo coming to you from northern california. stocks closing out what has been a dismal week for the bulls. we're finishing a choppy session on the week with a fractional move. really unchanged. the dow jones industrial average finishing up two-thirds of a point. the s&p 500 tonight picking up 2.25%. let's get to the market right now with a look at the day. michael santoli and rick santelli joining us. rick, tell me what the act was like today in chicago as the market for...
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Nov 15, 2012
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is down nearly 19% so far this year, so we can crack that up to be decent news and upbeat news from california, it will have a $1.9 billion budget gap during its next fiscal year, that's far smaller, here is the good part, far smaller than it's seen in prior years and holds out the possibility that california may actually see surpluses within a few years thanks to spending cuts and tax hikes. those folks have their fingered crossed. >>> hamas rockets killed three in israel as they threaten a wider offensive. martin fletcher is in tel aviv and has more. >> reporter: israel and the palestinians in gaza are on the major edge of a confrontation, neither side really wants but seems to be what happens. israeli rocket attacks against gaza targeting the militant leaders of hamas are continuing and continuing to attack rocket stockpiles from gaza. israel's goal is to prevent hamas from attacking israeli citizens with rockets. there have been 850 akz ta, 100 in the last week alone. that's what israel wants to stop. at the same time hamas has been retilliating today at least 130 rockets fired from gaza i
is down nearly 19% so far this year, so we can crack that up to be decent news and upbeat news from california, it will have a $1.9 billion budget gap during its next fiscal year, that's far smaller, here is the good part, far smaller than it's seen in prior years and holds out the possibility that california may actually see surpluses within a few years thanks to spending cuts and tax hikes. those folks have their fingered crossed. >>> hamas rockets killed three in israel as they...
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Nov 28, 2012
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. >> we want to go to california now to john fortt who has breaking news regarding ncr, which is now halted on news pending. what's going on? >> yeah, scott. not exactly sure what the news is, but i've rumor they could be announcing an acquisition just after the bell. also want to know that retalix, that's an israeli company, point of sale, technology. they recently did an acquisition of a company that served high-end retail establishments nap has also been halted. ncr's market cap just shy of $4 billion. reatlix under $1 billion. still, a significant sides. it would be for ncr. we have to wait to see exactly what this news in. but in the environment of the fiscal cliff, if, indeed, what this is, it would be interesting. >> all right, john. thanks so much. >> ncr, national cash register. right? >> you like that? >> i like that because you got to change the name. cash registers aren't what they used to be. >> that stock is halted along with the other one john was talking about. we'll let you know when the news does come out and that stock is reop reopened for business. speaking of bus
. >> we want to go to california now to john fortt who has breaking news regarding ncr, which is now halted on news pending. what's going on? >> yeah, scott. not exactly sure what the news is, but i've rumor they could be announcing an acquisition just after the bell. also want to know that retalix, that's an israeli company, point of sale, technology. they recently did an acquisition of a company that served high-end retail establishments nap has also been halted. ncr's market cap...
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Nov 6, 2012
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california is dark. these are safe democratic states. where is unemployment low? from north dakota down to oklahoma none of that is going for obama. only one place perhaps. virginia is a potential swing state and also wisconsin. maybe that low rate is a precondition for obama to potentially win it. let's look at the change. again, very similar. darker is less change. less improving unemployment. new york, not a good state for change of unemployment over the last year but probably safely in the obama camp. the one place you might want to look here, nevada, florida, north carolina and virginia. those are all potentially in play because they had some improvement in the unemployment rate and if that had not been there, they might have been for romney. i would like to give you a definitive answer. you have the level of unemployment and you have the change. that's what makes this a horse race, simon. >> it's fascinating to see that the way you slice and dice going into the election whether it's turnout or amazing. steve, thank you very much. as the race for the presiden
california is dark. these are safe democratic states. where is unemployment low? from north dakota down to oklahoma none of that is going for obama. only one place perhaps. virginia is a potential swing state and also wisconsin. maybe that low rate is a precondition for obama to potentially win it. let's look at the change. again, very similar. darker is less change. less improving unemployment. new york, not a good state for change of unemployment over the last year but probably safely in the...
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Nov 9, 2012
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>> who is the woman from california? who was in the clinton administration? >> cheryl sandberg. >> no, somebody else whose name i'm drawing a blank. >> god help us. laura tyson? >> yes. >> she's a chicken producer. >> no, she's a professor. >> oh, she's the boxer. there's the boxer. >> 2014-2016, i want to ask but one job -- >> i like what joe said earlier that at the end of the day the only legacy that matters any more for obama is the economy. he's going to have his legacy in obama care for better or worse. going to have his legacy in dodd-frank. the only one that matters anymore is economics. >> you can't -- there's 100 republicans. you can't single the one out that you hate. >> it was very interesting in the exit polls. i just going to to get to this quickly that the electorate sort of blamed bush for the economic crisis. that's not going to be true any more. it's not even true from today. you could make that argument he was given a bad hand. >> i went as far to say that the whole reinhardt rogoff narrative, if we go four years above 8% and crappy gdp the
>> who is the woman from california? who was in the clinton administration? >> cheryl sandberg. >> no, somebody else whose name i'm drawing a blank. >> god help us. laura tyson? >> yes. >> she's a chicken producer. >> no, she's a professor. >> oh, she's the boxer. there's the boxer. >> 2014-2016, i want to ask but one job -- >> i like what joe said earlier that at the end of the day the only legacy that matters any more for obama is...
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Nov 28, 2012
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california does account for 11% of all new u.s. auto sales. i wonder if there will be any driverless cars at this one next. i hope not. in any case, that's it for today's show. thank you for tuning in. i'm kelly evans. up next is u.s. "squawk box." don't go anywhere. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. >>> good morning, today's top stories, ceos heading to the white house to make their fiscal cliff pitch to the president. in global market news, the obama administration declines to name china a currency manipulator. and on the economic front, a report on new home sales topping today's agenda. it's wednesday, november 28th, 2012. "squawk box" begins right now. ♪ here comes santa claus here comes santa claus right down santa claus lane all his reindeers pulling on the reins ♪ >>
california does account for 11% of all new u.s. auto sales. i wonder if there will be any driverless cars at this one next. i hope not. in any case, that's it for today's show. thank you for tuning in. i'm kelly evans. up next is u.s. "squawk box." don't go anywhere. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is...
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Nov 6, 2012
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state is finally attracting new business like spreadshirt out of boston. 20% of its business was in california. it has moved in next store. >> there was plepty of open space for us to choose from and a great labor pool. we have great employees that are anxious to work for us. we are grows at 100% and we hope to have 200 people here by next year. >> while they have been the most supporting of mitt romney, the gaming ca zone knseatbelt seen tend to support harry reid. guys, they are trying to rest control of the state here from the democrats to the gop. >> jane, they had vegas lines on some of these things. i think the early line called it for president obama i read that this morning? >> it is. but in terms of betting, it is illegal to bet on an election. that hasn't stopped these irish guys over seas for the online betting. one of them online has said that obama has won and started to pay. >> they said they have done crazy stuff for publicitpublici. and they can't get the $750 back if romney were to win. >> you could do intrade but that is like $6 a share. >> go put it on the table. >> and i th
state is finally attracting new business like spreadshirt out of boston. 20% of its business was in california. it has moved in next store. >> there was plepty of open space for us to choose from and a great labor pool. we have great employees that are anxious to work for us. we are grows at 100% and we hope to have 200 people here by next year. >> while they have been the most supporting of mitt romney, the gaming ca zone knseatbelt seen tend to support harry reid. guys, they are...
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Nov 8, 2012
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it will cut 30% of management jobs and will close factories in california. at&t says it plans to phase out its old fashioned telephone service. the company eventually wants to decommission the technology behind its deck i'ds old copper line network that currently covers 76 million homes and businesses. at&t will spend $14 billionoff three years to extend its internet based broadband service to 78% of its land line service area. and on the agenda in the u.s., we've got important economic data, weekly jobless claims, my favorite. they'll hit before the market opens. and on the earnings front, up ins are kohl's, wendy's, disney and groupon. european trade this morning has been a mixed session. we started out in the green and then we had losses. markets are clawing back adding half a percent for the xetra dax. ibex 35 is back in the green after being down as much as 0.6%. u.s. futures are trying to fight to the positive. if you take fair value into account, the dow jonesville average would be adding about a point at the open. not huge moves, but again, not a big
it will cut 30% of management jobs and will close factories in california. at&t says it plans to phase out its old fashioned telephone service. the company eventually wants to decommission the technology behind its deck i'ds old copper line network that currently covers 76 million homes and businesses. at&t will spend $14 billionoff three years to extend its internet based broadband service to 78% of its land line service area. and on the agenda in the u.s., we've got important economic...
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Nov 14, 2012
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a three to four bedroom house in glendale, california is about $750,000. comparable area, twin falls, idaho, is about $325,000 for the same kind of house. what about the cost of food? an assortment of groceries in new york city. 72% more than those same72% more same items in twin falls, idaho. about two years ago, the fiscal times commissioned a study on this from a national tax accounting firming. they looked at several areas around the country for this hypothetical couple that earns $250,000 with two children. if they lived in huntington, new york, they'd have a deficit at the end of the year of $24,380. if they lived in a place like plano, texas, they'd be ahead by $4,936. that would be at the end of the career. pl plan plano, texas, was the only area where the couple came out ahead. is $250,000 rich? >> depends where you live. jackie, that was great. michelle, i have a question to you because i threw it out there on twitter. do you believe it's possible to have an income tax rate or maybe deductions that roll back based on geography? in other words, $2
a three to four bedroom house in glendale, california is about $750,000. comparable area, twin falls, idaho, is about $325,000 for the same kind of house. what about the cost of food? an assortment of groceries in new york city. 72% more than those same72% more same items in twin falls, idaho. about two years ago, the fiscal times commissioned a study on this from a national tax accounting firming. they looked at several areas around the country for this hypothetical couple that earns $250,000...
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Nov 2, 2012
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conference call this morning where from another 32 of our offices stretching as far west as fresno, california, will be sending in another 400 people later today. we would anticipate probably having upwards of 3,000 people on the ground within the next four to five days. >> you've been doing this for a while. you were with the company since '84. i can't imagine the number of disasters you have helped coordinate the recovery for. seeing anything like this in your time? the confluence of population density, power, the snow? i mean we're talking a very large part of the country. >> this is a very extraordinary situation. the density that we're facing and the enormity of this storm and the geographic area it's covered, new jersey, new york, upward through canada. our canadian offices are also mobilized and working on losses. this is something out of the worried. we are encouraged though that every hour of every day we are seeing small signs of progress. and as has been report you see great acts of heroism being performed by people each and every step of the way. we've seen not only belfor people p
conference call this morning where from another 32 of our offices stretching as far west as fresno, california, will be sending in another 400 people later today. we would anticipate probably having upwards of 3,000 people on the ground within the next four to five days. >> you've been doing this for a while. you were with the company since '84. i can't imagine the number of disasters you have helped coordinate the recovery for. seeing anything like this in your time? the confluence of...
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Nov 16, 2012
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. >> he's joining us very early this morning from the company's hometown of san francisco, california. david, thank you for joining us. i want to talk about the earnings in just a little bit, but first a lot of people look at this, you've been growing so quickly, why are you starting to tap the brakes a bit in terms of taking delivery of aircraft as well as expand manage to new markets? >> i think a couple of things here. first of all, we felt the need to get to critical mass which we believe we've done. we have 50 aircraft now. and so we feel comfortable slowing down the growth. but i would say the key thing we've seen in the two years since we in addition will made the order is the increase in fuel prices and basically what is a slowly growing economy. and when you do the math, it doesn't make sense to go in and continue the rapid expansion. >> part of this tapping the brakes, if you will, is slowing down the rate and pace of taking new aircraft from airbus. some people say wait a second, those will be more fuel efficient, why wouldn't you want those sooner rather than later because
. >> he's joining us very early this morning from the company's hometown of san francisco, california. david, thank you for joining us. i want to talk about the earnings in just a little bit, but first a lot of people look at this, you've been growing so quickly, why are you starting to tap the brakes a bit in terms of taking delivery of aircraft as well as expand manage to new markets? >> i think a couple of things here. first of all, we felt the need to get to critical mass which...
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Nov 5, 2012
11/12
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for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> just saw opening bell for monday, november 5th here at the big board. a military veteran forum for human resources being held. the food bank for new york city so obviously two groups very involved with hel
for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. he loves risk. but whether he's climbing...
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Nov 5, 2012
11/12
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you're in california. is there any businesses left at all in that state? >> there are quite a few. go to silicon valley, los angeles, san francisco. this is still the engine of innovation for the u.s. economy. >> they're making it tough on you. >> we could be doing better, that's true. >> so neel, when you say that this does lift some immediate uncertainty but you're not sure what it means beyond that, what do you think the market does between now and the end of the year, let's say? maybe not this week but between now and the end of the year under a reelected president obama or under a newly elected mitt romney? >> well, i think under reelected president obama, i would expect to see volatility increase especially as it relates around the fiscal cliff. we need to see them come together, divided government needs to work together. they have not worked together very well over the past couple years so the markets will take a wait and see approach and there's a good chance there will be fighting and brinkmanship until the last second for the fiscal cliff. republican sweep it's more likel
you're in california. is there any businesses left at all in that state? >> there are quite a few. go to silicon valley, los angeles, san francisco. this is still the engine of innovation for the u.s. economy. >> they're making it tough on you. >> we could be doing better, that's true. >> so neel, when you say that this does lift some immediate uncertainty but you're not sure what it means beyond that, what do you think the market does between now and the end of the...
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Nov 29, 2012
11/12
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and it has a good positioning in california where he says macroeconomic is improving a little bit better than in new york when it comes to the tourist spend. that's very important for luxury. and unfortunately, we're just not seeing it like we were in those new york luxury department stores. with that being said, remember luxury doesn't do door busters really. it's quite the opposite. they go for the price premiums. quality very important to many consumers. in fact 75% of luxury consumers say it is the number one most important thing. but i think what happens out of washington will very much determine how the holiday season shapes up for the luxury retailers. >> that's for sure. courtney reagan braving the cold there for us. really appreciate it. want to bring and you couple news flashes. welcome back our uk viewers who have been listening to mervyn king. keep an eye on crude before we go, up over 1% as the ieae chief is calling for urgency in iran talks. and we'll leave you for the day. here is u.s. "squawk box." we'll see you back here tomorrow. can i help you? i heard you guys can shi
and it has a good positioning in california where he says macroeconomic is improving a little bit better than in new york when it comes to the tourist spend. that's very important for luxury. and unfortunately, we're just not seeing it like we were in those new york luxury department stores. with that being said, remember luxury doesn't do door busters really. it's quite the opposite. they go for the price premiums. quality very important to many consumers. in fact 75% of luxury consumers say...
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Nov 6, 2012
11/12
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i see so many small businesses, i was out in california yesterday, i must have met in four days with eight of our companies, and i asked every one of them, what impact does this have? what difference is it going to make whether romney wins or obama? i honestly believe it's almost a neutral element in terms of the young companies. when they are growing and they are excited and their product is being taken up, and most of them that i'm dealing with are internet or wireless based, it's an environment you don't stop hiring. in fact they have big open to buys. >> so what does affect those companies? what are they looking at beyond their own home base? >> i think the general environment will have an impact. i think that the tone of the top will have an impact. i think my personal feeling, the biggest impact for the kind of companies i'm in are what happens for advertising expenditures. i think advertising and advertising -- >> you talked about immigration policy as well. >> sorry, thank you, thank you. immigration policy is getting the kind of people, everyone is frustrated with the idea o
i see so many small businesses, i was out in california yesterday, i must have met in four days with eight of our companies, and i asked every one of them, what impact does this have? what difference is it going to make whether romney wins or obama? i honestly believe it's almost a neutral element in terms of the young companies. when they are growing and they are excited and their product is being taken up, and most of them that i'm dealing with are internet or wireless based, it's an...
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Nov 28, 2012
11/12
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northern california and oregon are all going to see very, very heavy rainfall, not just today but all the way through the weekend. flood watches are out. sacramento, stockton up toward reading and stretching all the way up into oregon. we could see up to 20 inches of rainfall here, a big broad area of at least a half a foot. back to you. >> that is a waste. that should be over colorado and it should be -- >> exactly. >> so we had snow yesterday. last year we had snow early, it was like halloween and then we never got anymore. did the snow we had yesterday seem more typical? any idea about whether that portends that we have some snow this year on the east coast? >> last year it was like we used it all up early. we said okay, here we go, it's going to be a huge winter and nothing. we're looking at the long range forecast right now, it's all warm for most of the country. there are no big snowstorms at least for two or three weeks. >> but we don't know overall. >> beyond that, it gets fuzzier. >> you can't do like bill murray and blow all that stuff over to colorado. 20 inches of rain. th
northern california and oregon are all going to see very, very heavy rainfall, not just today but all the way through the weekend. flood watches are out. sacramento, stockton up toward reading and stretching all the way up into oregon. we could see up to 20 inches of rainfall here, a big broad area of at least a half a foot. back to you. >> that is a waste. that should be over colorado and it should be -- >> exactly. >> so we had snow yesterday. last year we had snow early, it...
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Nov 19, 2012
11/12
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places like louisiana, arizona, wyoming, montana, california, places where some of them high unemployment rates, you're talking about reducing federal spending in places with high unemployment rates and this handy bar charts shows the split between defense spending in blue and nondefense in green. maryland, virginia, the washington, d.c., area, the highest federal pending, hawaii a lot of defend spending, same with alaska. more non-defense in new mexico down to georgia, 6.9% so these are the ways it's going to affect by state. we can even drill down further and look county by county, and what you see here for example if you drilled down here in louisiana there's one county in here where there's a federal penitentia penitentiary, because these are federal jobs as a percent of the total. you can see places along the texas coast, the bottom line on all of this is that we talk about reducing the ifisical cliff and solving the problem on a national level, but there are individual states that are going to be hit harder and there are blue states and states that come in so it's not easily democra
places like louisiana, arizona, wyoming, montana, california, places where some of them high unemployment rates, you're talking about reducing federal spending in places with high unemployment rates and this handy bar charts shows the split between defense spending in blue and nondefense in green. maryland, virginia, the washington, d.c., area, the highest federal pending, hawaii a lot of defend spending, same with alaska. more non-defense in new mexico down to georgia, 6.9% so these are the...
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Nov 19, 2012
11/12
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for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. >>> israel is ready for a ground invasion but the country prefers a diplomatic solution. oil is moving higher this morning. joining us live from gaza now is ayman. >> good afternoon. the sun is setting and they have been for every night over the past six 9nights palestinians brace themselves for a violent night. it's during the coming hours that there's an intensification of israeli targets throughout the gaza strip. yesterday on sunday there was an incident that many describe here as a massacre. one that targeted the home of a senior member of hamas' military according to the israelis but inside that residential house were fam
for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. >>> israel is ready for a ground...
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Nov 14, 2012
11/12
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today, california is set to unveil a new attempt to limit greenhouse gases. the state is going to be holding its first sale of carbon emissions permits. experts say it's a landmark experiment that california hopes will serve as a model for other u.s. states and the federal government. a new survey finds that families are at odds over financial planning. fidelity investments finds that sharply conflicting expectations between older parents and their adult children. among the survey results. 24% of adult children expect they will have to help their parents financially at some point, yet 97% of parents don't expect to need help. that's a oble nearly all of older parents and their grown children disagreed on whether a child will take care of their parents if they become ill, and adult children underestimate the value of their parents' estate by more than $100,000 on average. i think that's an issue across the country. do you want to counter that? >> no, not really. >> how are your parents? my parents are doing great. >> mine are gone. i got some new parents, actu
today, california is set to unveil a new attempt to limit greenhouse gases. the state is going to be holding its first sale of carbon emissions permits. experts say it's a landmark experiment that california hopes will serve as a model for other u.s. states and the federal government. a new survey finds that families are at odds over financial planning. fidelity investments finds that sharply conflicting expectations between older parents and their adult children. among the survey results. 24%...